BearingPoint Rated by Major Industry Analysis Firm as a Major Player in Business Consulting

Frankfurt/London, 22 March 2012 – Management and technology consultancy BearingPoint is the only European vendor in a landmark report by the US research firm IDC and is ranked as a "Major Player". This is a recognition of BearingPoint's stature in the Business Consulting market as an independent and European firm with global reach. According to IDC, “in EMEA, BearingPoint is seen as stronger than many of its peers at leveraging data into its engagement methodology, at applying proven methodologies/tools, and at integrating its project team with the client's." IDC continues: "It is also seen as stronger than many of its peers at delivering innovation on projects and at tying its new service offerings in the local business climate and helping its clients manage risk."

Peter Mockler, Managing Partner at BearingPoint, comments: “We are proud to be recognized as a major player in business consulting. This is also a recognition of our focus on measurable, sustainable business results, which we achieve by combining management and technology capabilities as well as by adopting a collaborative style working together with our clients, from strategy through execution.”

About BearingPoint

BearingPoint delivers business consulting with management and technology capabilities. As an independent firm with European roots and global reach BearingPoint serves leading companies and public sector organisations world-wide to align and optimise processes, IT and operating models with business strategy. Driven by a strong entrepreneurial mindset and desire to create long-term partnerships, BearingPoint’s consultants are committed to delivering excellence and value to their clients. The firm’s approach to working with clients is highly collaborative and designed to improve business performance, from strategy through to execution. BearingPoint currently employs 3,200 people in 15 countries.
For more information, please visit: www.bearingpoint.com

About IDC MarketScape

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of vendors can be meaningfully compared. The framework also provides buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.